36-40 Gurwood Street, Wagga Wagga
Acknowledgement of Country
Wagga Wagga City Council yali gulbali-yanhi ngurambang Wiradyuri.
Walumaldhaany-galang bala mayiny Wiradyuri.
Yindyamali-yanhi mudyiganggalang-bu balumbambal-bu balugirbam-bu.
Yindyamali-yanhi bagaraygan ngurambang-guwal-i yandu murunwigi Wagga Wagga-dha.
Ngiyanhi gulbali-bu yindyamali-bu guwiinyguliyalagu buyaa-bu giilaang-galam-bu.
Ngiyanhi gulbali-bu yindyamali-bu guwiinyguliyalagu dhaagunbu bila-galam-bu nganha Wiradyuri-giyalang bala burrambin-bu nurranurra-bu.
Gulbali-yanhi Wiradyuri mayiny bagaraygan-guwal-bu bala yarruwala-bu waluwin-bu walanbam-bu dhirrangal-bu.
Wagga Wagga City Council acknowledges the traditional custodians of the land, the Wiradjuri/Wiradyuri people, and pays respect to Elders past, present and future and extends our respect to all First Nations Peoples in Wagga Wagga.
We recognise and respect their cultural heritage, beliefs and continuing connection with the land and rivers.
We also recognise the resilience, strength and pride of the Wiradjuri/ Wiradyuri and First Nations Communities.
Wagga Wagga
Where we are
Wagga Wagga, also known as Wagadyi Wadadyi in Wiradjuri/ Wiradyuri language, is a vibrant and growing city surrounded by small and welcoming communities, nestled in the heart of the Riverina on the banks of the Murrumbidgee River.
Our Local Government Area (LGA) is made up of the city, surrounding farmland and nine villages: Collingullie, Currawarna, Galore, Humula, Ladysmith, Mangoplah, Oura, Tarcutta, and Uranquinty.
Wagga Wagga is the largest inland city in NSW and benefits from locational advantages with it being centrally located between major metropolitan centres, with connections through to Queensland, Victoria, and South Australia.
Wagga Wagga is connected to the major metropolitan cities through road, air services, and passenger, and freight rail, with major infrastructure in place for freight logistics.
As the regional capital of southern NSW, Wagga Wagga is a hub for industry, healthcare, education, and recreation. Through a skilled and reliable workforce, combined with high quality education and training facilities, we have created a strong and diverse economy, driving growth and investment.
Currently, there is more than $15 billion of infrastructure projects planned for construction in Wagga Wagga and the surrounding Riverina Murray region over the next 5 to 10 years.
Wagga Wagga provides scale, diversity, liveability, and access to natural assets, attracting investment, creating employment, and welcoming new residents.
By 2050, Wagga Wagga will support 85,000 people and there are aspirational ambitions to reach 100,000. This cannot be done by “natural growth” alone. As the city changes and grows, our planning needs to ensure the prosperity and well-being of the city and its residents by providing new opportunities to grow while preserving what makes our community special.
Land area: Distance from cities:
4825 square km
455km from Sydney
452km from Melbourne 230km from Canberra
Why you should invest in Wagga Wagga
Positioned at the heart of one of Australia’s fastest-growing regional cities, Wagga Wagga is a strategic investment location offering immediate opportunity and long-term value. This vibrant and well-connected regional centre is fast becoming a magnet for development and innovation—supported by major public and private sector investment, population growth, and lifestyle appeal.
Key investment highlights:
Ideal location
Located halfway between Sydney and Melbourne with direct flights to Sydney, Melbourne and Brisbane.
Infrastructure investment
The city is central to landmark infrastructure projects including Inland Rail, EnergyConnect and HumeLink (Transgrid), Defence base upgrades and is host to one of the NSW Government’s Special Activation Precincts.
Growing population
Wagga’s growing population is fuelling demand for diverse housing and accommodation options, driven by defence personnel, government workers, health personnel, students and regional migration. forecast.id.com.au/wagga-wagga
Diverse local economy
Wagga is a key hub for education, health, logistics, agriculture and government services, supporting a resilient and dynamic economic base.
Tight property market
Low vacancy rates, increasing rental yields and rising housing demand, make the city attractive for residential and mixed-use developers.
Support for development
Wagga Wagga City Council is committed to enabling smart growth and is actively seeking quality development partners to help shape the CBD’s future.
An unmissable CBD development opportunity
Wagga Wagga City Council is excited to present a rare opportunity to developers looking for a large project site in the heart of Wagga Wagga’s thriving CBD.
Located at 36–40 Gurwood Street, this 3,500sqm parcel spans multiple allotments and offers prime street frontage and generous zoning allowances, with close proximity to key commercial and lifestyle amenities.
Zoned E2 Commercial Core, the site has the potential to support a broad range of development outcomes, perfect for residential, accommodation or mixed-use commercial developments (STCA). The location is conveniently located near Wagga’s main retail strip, bustling with dining precincts, green spaces, and professional services, making it ideal for future residents and tenants.
Wagga Wagga fosters a transient yet stable community, making it a strategic attraction for investment for both commercial and residential developments. As Southern NSW’s largest regional city, Wagga Wagga is a key economic and service hub, with strong population growth, government and defence investment, and a thriving commercial base. The city benefits from consistent demand in the housing, retail, and service sectors.
The city’s strategic location midway between Sydney and Melbourne offers direct flight access to three capital cities, and low property vacancy rates make it an increasingly attractive destination for property investment.
With housing demand continuing to rise and Council actively supporting innovative development within the CBD, this site represents a high-potential investment in the future of Wagga Wagga.
Council is dedicated to ensuring this site gives back to our community. We are looking for suitably experienced developers and investors to register their interest in delivering a highquality project that contributes to Wagga Wagga’s long-term liveability, affordability, and economic growth.Whether you’re looking to create innovative housing, deliver high-impact mixed-use spaces, or develop a strong regional investment, Wagga Wagga offers the right ingredients for success—now and into the future.
Property snapshot
Positioned within Wagga Wagga’s CBD, this strategically positioned site offers high visibility and easy access. The block features an expansive Gurwood Street frontage, and a large carparking area which can currently be accessed via both Trail Street and Johnston Street.
The site is surrounded by a diverse range of commercial operators including a supermarket, licensed venues, pharmacies, health and wellness facilities, government offices, cafes and boutique retail shops. Notably, the area provides residents with convenient, immediate access to services and lifestyle options within walking distance of the wider CBD.
Address
• 36 - 40 Gurwood Street Wagga Wagga NSW 2650
Legal description
• Lot A DP 335100
• Lot 7 DP 1094432
• Lot 1 DP 325085
• Lot B DP 335100
• Lot 8 DP 1094432
• Lot 1 DP 395901
Land area
• Approx 3,500sqm
Total floor area
• Approx 2,230sqm
Current configuration
• Two tenancies
On-site parking
• Approx 33 designated spaces
Zoning
• E2 Commercial Core
Street frontage
• Approx. 43 metres
Council’s vision for the site
As the city continues to expand as a regional centre, this site offers a unique opportunity to provide well-located and designed residential solutions that make the CBD more liveable and vibrant.
The property is located within the E2 Commercial Core zone under the Wagga Wagga Local Environmental Plan 2010. This zoning supports a dynamic, accessible, and economically driven city centre.
The key objectives of the E2 zone include:
• Strengthening the role of the city’s commercial core as the centre for business, retail, community, and cultural activity
• Encouraging investment in commercial development that drives employment and economic growth
• Promoting high levels of accessibility and amenity, particularly for pedestrians and active transport
• Allowing residential development where it aligns with Council’s strategic planning for housing in the precinct
• Ensuring new development contributes to diverse, vibrant street frontages that attract foot traffic and enhance the public realm
• Protecting and enhancing the historic, architectural, and aesthetic character of the commercial centre.
In line with these objectives, Wagga Wagga City Council is focused on facilitating development that not only supports commercial and economic outcomes but also responds to growing housing and/or other accommodation needs.
Proposed sale terms
Subject to resolution of Council, the successful applicant may be granted the opportunity to negotiate contract terms with Council. It is anticipated that any such contract of sale would incorporate the following key elements:
Premises 36 - 40 Gurwood Street, Wagga Wagga NSW 2650
Lot DP
Deposit
Lot A DP 335100 – 992.70sqm
Lot 7 DP 1094432 – 1029.00sqm
Lot 1 DP 325085 – 328.00sqm
Lot B DP 335100 – 569.08sqm
Lot 8 DP 1094432 – 562.7sqm
Lot 1 DP 395901 – 18.97sqm
10% deposit payable prior to or upon exchange of Contracts of Sale.
GST GST will be payable in addition to the purchase price.
Subject to existing tenancies
Development Requirement
Development Obligation
The premises currently has two (2) long term tenants in occupation under hold over lease agreements. The contract will be subject to and conditional upon the existing tenants having the right to remain in occupation for a period of up to twelve months from the date of settlement.
The Purchaser agrees to undertake a strategic housing or accommodation development on the property, which may include any residential form permitted under the applicable planning legislation.
The Purchaser agrees to substantially commence development on the property within a timeframe relative to the nature and scale of the proposed development, but in any event no later than three (3) years from the date of settlement, and in accordance with all necessary planning and development approvals. If development has not been substantially commenced within that timeframe the Vendor may, at its sole discretion, either agree to an extension of time or initiate a process to reacquire the property under the reversion clause below.
Sunset Clause on Development
Reversion to Council
Development of the property is to be completed within five (5) years from the date of settlement. If the development has not been completed and an Occupation Certificate (or equivalent final approval) obtained within that timeframe, the Vendor may, at its sole discretion, either agree to an extension of time or initiate a process to reacquire the property under the reversion clause below.
If the Purchaser fails to complete the development within the nominated timeframe, then the Purchaser agrees that the Vendor can initiate a process to transfer the property back to the Vendor.
Caveat To secure the Vendor’s interest under the reversion clause, the Purchaser consents to the registration of a caveat or charge against the titles upon settlement.
Carpark conditions
The Vendor (Council) acknowledges that a car park adjacent to the subject property, operated by Woolworths, provides community benefit. Council will work with the successful Purchaser to create access rights suitable for both parties that ensures continued community access from Trail Street to the adjacent Woolworths car park. For clarity, this does not create a binding obligation on the Council to approve, secure, or implement access rights, but confirms Council’s commitment to cooperate reasonably with the Purchaser to progress such matters in good faith.
Inspections
Inspections
Council officers will conduct all inspections of the premises during the EOI campaign. Due to current tenant arrangements, all inspections will be scheduled outside of business hours by appointment only.
To arrange an inspection, please contact:
Matt Dombrovski Property Coordinator
dombrovski.matthew@wagga.nsw.gov.au
Ph. 1300 292 442
Steph Wilson Senior Property Officer
wilson.stephanie@wagga.nsw.gov.au
Ph. 1300 292 442
Questions and answers noted during inspections that offer additional or alternative information to the details in this document, will be shared with all interested parties via email update.
To read all the FAQs, including those asked during inspections, visit: wagga.nsw.gov.au/ eoi
However, questions and answers relating to an individual applicant’s specific circumstances or EOI submission will remain confidential and will not be publicly disclosed.
Selection criteria
All complying EOI submissions received will be assessed against the selection criteria detailed below.
Council reserves the right to not accept any proposal or submissions for the sale of 36-40 Gurwood Street, Wagga Wagga, including those which may comprise the highest sale offer. Council also reserves the right to consider offers which do not conform with the selection criteria where Council considers there would be an exceptional public benefit in considering the submission.
Applicants may be required to consent to financial or other checks by Council.
Required information for applicants includes; Applicant Name, Business Name, ABN/ACN, Postal Address, Phone number and Email address.
Selection criteria:
1. Purchase price
State the total dollar amount you are offering for the purchase of the property (exclusive of GST). Detail any conditions or assumptions attached to this offer.
2. Funding certainty and financial capacity
Provide evidence of funding capacity to support your financial offer, including proof of funds, financing agreements, or relevant financial statement.
3. Development proposal and delivery timeframe
Provide an overview of your development proposal/s, including the rationale, key deliverables, and proposed timeframe for implementation.
4. Development capabilities
Please provide evidence of your ability to design and deliver development proposals including examples of previous developments.
5. Deliverables for Wagga
Outline the key deliverables and anticipated benefits your proposal offers the city’s community.
Process and timeline
The closing date for EOI submissions is Friday 19th September 2025 at 2.00pm
Any submissions received after the deadline will not be considered.
Applicants must complete and submit the online EOI application form via wagga.nsw.gov. au/eoi
Each application must address the selection criteria in detail (provided on the previous page), and include supporting documentation such as relevant financial information. Any EOI submissions that fail to address the selection criteria or provide the necessary supporting documentation by the specified closing date and time, will not be considered.
Submissions by any other means, or submissions received after the closing date and time will not be considered.
EOI submissions become the property of Council and will be held by Council subject to law. The information provided within the EOI submissions will be utilised by Council to assist in the selection of the preferred applicant and the subsequent lease negotiations.
Prohibition on lobbying
Canvassing or lobbying of Councillors and/or other Council staff is strictly prohibited. If an applicant is found to have directly canvassed Councillors and/or Council staff other than as set out in this EOI documentation, Council reserves the right to reject their submission.
Contact details
To arrange an inspection or seek further clarification or information concerning the EOI, please contact:
Matt Dombrovski
Property Coordinator
dombrovski.matthew@wagga.nsw.gov.au
Ph. 1300 292 442
Steph Wilson
Senior Property Officer
wilson.stephanie@wagga.nsw.gov.au
Ph. 1300 292 442
Visit our website wagga.nsw.gov.au
Email us council@wagga.nsw.gov.au
Talk with us 1300 292 442